read.cash Log in
@nomadghada more from that month

losing interest because of Hodling Hey everyone, I am a self-declared Hodler and been hodling my BitcoinCash for so long, I have had them when the price were $1,000 and I still have them even when the price is hovering around $300 **10 - 20% APY on FlexUSD** As you may be aware that you can earn interest on flexUSD that you hold on Bitcoin.com Wallet While I don't have much Crypto to begin with I do want to earn some interest on them, and other custodial platforms are not of my liking. I prefer to have my Crypto in a non-custodial wallet. **Problem with that** I want to convert some of my Crypto into flexUSD and earn that interest. But if I am essentially selling my Crypto that too when the market is down and I am already on a huge loss. **When Moon?** I have been waiting for months for the prices to improve at least to some degree so that I could convert some of my BCH into flexUSD. Yet the prices are still not even near favorable for me. **Why sell?** Honestly, mostly it is just to experiment to see how this whole thing will work. Secondly it is a good thing to diversify and keep some stable coins as well, which can be useful in many scenarios. ***So...*** *for now I am hodling on.*

4 comments

Log in to join in Reading is open to everyone. Replying needs an account.